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Nov 7, 2012
11/12
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one thing i want to say you were talking about hurricane sandy and christie and obama. i think to see governor christie and barack obama working together to solve a huge problem like the results of the hurricane gives me a lot of courage that we can work together on the nation's problems across the aisle like that. i hope it doesn't take an economic hurricane to get there. >> you know, glen, voters are motivated by different things. there's nothing like weather or natural disaster to get their attention. do you think an issue as complex as the fiscal cliff can ever motivate people the way this has, the way sandy has? >> i hope so. i think maybe hurricane sandy could remind us of what 2008 was like when we lose control of the economy and allow events to ride man. the fiscal cliff is facing us. we need to solve it. it's the most important thing that government can do. you were talking earlier about creating jobs and what candidate is best for creating jobs. remember that businesses and not government create jobs and what government does is create circumstances under which
one thing i want to say you were talking about hurricane sandy and christie and obama. i think to see governor christie and barack obama working together to solve a huge problem like the results of the hurricane gives me a lot of courage that we can work together on the nation's problems across the aisle like that. i hope it doesn't take an economic hurricane to get there. >> you know, glen, voters are motivated by different things. there's nothing like weather or natural disaster to get...
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Nov 1, 2012
11/12
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how much do you think all these photo ops with governor christie is worth to christie and his state? >> i think they're worth a lot to the president. i can tell you. we'll see what happens after the election. certainly it is a very big boost for the president. a lot of people are surprised by it. but it's a boost for the president. >> well, here's what happens today. we're skrjust getting this news that mayor bloomberg is endorsing president obama. he is citing climate change. he said sandy reshaped his thinking about the campaign and about climate change and that's why he's endorsing the president. what do you think about that? >> number one, i'm a big fan of michael bloomberg. i think he's terrific. disagree on climate change. if you look at 1950s, we had ten hurricanes between 1954 and 1960 that were monster hurricanes hitting the east coast. i just don't believe it. i'm not a believer in climate change. i think climate change is very, very good for the chinese because we readjust all our factories and manufacturing, making them noncompetitive. the chinese laugh at us. i'm not a b
how much do you think all these photo ops with governor christie is worth to christie and his state? >> i think they're worth a lot to the president. i can tell you. we'll see what happens after the election. certainly it is a very big boost for the president. a lot of people are surprised by it. but it's a boost for the president. >> well, here's what happens today. we're skrjust getting this news that mayor bloomberg is endorsing president obama. he is citing climate change. he...
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Nov 2, 2012
11/12
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we just witnessed how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to get this economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share. we reject that vision for america. >> let's not forget the 47% that don't pay any tax, right? >> that's also an inaccurate statement. >> 47% of this country does not pay income tax. that's not an inaccurate statement. at all. that's a fact. >> but they pay sales tax. there's lots of taxes that people pay. >> i'm talking about the federal income tax. >> right. that's right. but how is it that you think we can get this country going again if we don't have more investment like we did in the boom economy after world war ii where the wealthy and corporations were paying a lot more
we just witnessed how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to get this economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share....
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Oct 26, 2012
10/12
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christy, good to have you on the program. >> thanks for joining us. >> thank you so much. >> christy romero, special inspector general for the t.a.r.p. program. we have 40 minutes before the closing bell sounds and market is up 30 points on dow industrials. >> hurricane sandy, barreling towards the east coast. americans prepare and we've got home depot and lowe's busier than ever. we look at those two franken storm stocks and the chart next. >> new reports about how citigroup chairman michael o neil pushed out vikram pandit coming up next p . mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. ♪ atmix of e
christy, good to have you on the program. >> thanks for joining us. >> thank you so much. >> christy romero, special inspector general for the t.a.r.p. program. we have 40 minutes before the closing bell sounds and market is up 30 points on dow industrials. >> hurricane sandy, barreling towards the east coast. americans prepare and we've got home depot and lowe's busier than ever. we look at those two franken storm stocks and the chart next. >> new reports about...
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Oct 29, 2012
10/12
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governor chris christie has closed 130 miles of highway. so, new jersey residents here, thousands of them without power, but many glad it's coming earlier than expected, hunkering down and hoping the worse will pass shortly. >> thank you very much. we'll be checking back. >> we're watching that picture very carefully of that high rise that's been under construction for several months in midtown manhattan. eventually going to be 90 stories high. and that crane that sits atop it, you shouldn't see that portion dangling that's sitting parallel to the building itself. that has been a partial collapse of that crane there. our robert frank is on the phone. you've covered that high rise on wealth report. it's been under construction for a while. what can you tell us? >> reporter: as you mentioned, this is a very high-profile building to begin with. 90 stories tall. several of the penthouses have sold for more than $90 million apiece. so, we have several billionaires living in this building. the reason it's already been under scrutiny is there gett
governor chris christie has closed 130 miles of highway. so, new jersey residents here, thousands of them without power, but many glad it's coming earlier than expected, hunkering down and hoping the worse will pass shortly. >> thank you very much. we'll be checking back. >> we're watching that picture very carefully of that high rise that's been under construction for several months in midtown manhattan. eventually going to be 90 stories high. and that crane that sits atop it, you...
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Oct 30, 2012
10/12
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the president will travel to new jersey tomorrow where he'll join governor chris christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up. jfk will open tomorrow. washington and philadelphia have been partially restored as far as service is concerned today. bill, back to you. >> courtney, thank you very much. so it's all systems go at the new york stock exchange tomorrow. the nyse and nasdaq confirming they will be opened and fully operational come tomorrow. >> on the phone now, sam from s&p capital iq. thanks for joining us. s&p capital iq down the block from the new york stock exchange. what have you been hearing about your offices reopening tomorrow? >> hey, maria. we know the electricity is turned off. just like here in jersey
the president will travel to new jersey tomorrow where he'll join governor chris christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up....
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Dec 31, 2012
12/12
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. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house at this point is standing back and saying we haven't moved the ball yet. >> understood. >> okay. >> we'll get back to you shortly, i'm sure. there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. when it comes t
. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house at...
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May 23, 2012
05/12
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there have been a large number of studies that have documented that, the most recent actually being by christy roamer, who was president obama's first chairperson of the council of economic advisers, and her husband david roamer. they have pretty strong evidence on the negative effects on tax increases. the evidence on of spending cuts is a bit more murky if there is evidence, it seems to be constitutional that works over a slow period of time, and there's always a payback period. that's the big problem. >> you have a problem with the tax cuts expiring but that's combining, that a lot of them will -- you have discussionary spending out there the keynesian view, the standard macroeconomic view is it is a problem. i think the evidence on that has been less than encouraging to the keynesian point of view. japan has gone to 200% debt to gdp ratio with two decades of very slow growth. it's certainly not obvious that's the way to save the day. the question i think people would raise, maria, is, is this the right time to cut spending? that's the big problem. but, you know, when you look at this and s
there have been a large number of studies that have documented that, the most recent actually being by christy roamer, who was president obama's first chairperson of the council of economic advisers, and her husband david roamer. they have pretty strong evidence on the negative effects on tax increases. the evidence on of spending cuts is a bit more murky if there is evidence, it seems to be constitutional that works over a slow period of time, and there's always a payback period. that's the...
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Nov 1, 2012
11/12
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something that should be made easier by a waiver signed by new jersey governor chris christie. it might fprovide a little relif at pump. certainly the most relief would come if the power was turned back on. >> all right, mary. thank you so much. are we destined to sit in these long lines for the next two weeks? what's your expectation? how long does this last? >> i think maybe another week. we have to get the power restored to some of these facilities. in addition to the discreet things like gas stations lacking the power, we've got one of the refineries in the region in new jersey that's out, that they hope to start up later this week. the colonial pipeline which brings refined petroleum products from the gulf coast up to the northeast and new york, that's going to reopen tomorrow. a number of the harbor ports where gasoline and oil imports are coming in from europe and elsewhere, those have been closed and flooded because of flooding and power losses. but on the whole, because the airports have been closed and because a lot of other people weren't driving, not just in new yor
something that should be made easier by a waiver signed by new jersey governor chris christie. it might fprovide a little relif at pump. certainly the most relief would come if the power was turned back on. >> all right, mary. thank you so much. are we destined to sit in these long lines for the next two weeks? what's your expectation? how long does this last? >> i think maybe another week. we have to get the power restored to some of these facilities. in addition to the discreet...
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Nov 21, 2012
11/12
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he tried to sell a painting last week at the christy's auction, but it was one of the few pieces that failed to sell. it didn't meet the estimate of more than $8 million. one reason cohen has so much art, he has a lot of wall space. his stone mansion in connecticut is over 35,000 square feet. the estate has its own putting greens, a hockey rink, and zamboni house. he's also quite fall an tlopphi. whatever happens, cohen is still a very popular figure among art dealers, charities, and museums. you know they're going to be watching all of this very closely. >> has it impacted the art world already, or are we anticipating? >> we're kind of anticipating. look, you know, this is a small part of cohen's total wealth. he's worth a reported $8 billion. he hasn't cornered a single artist. if he has to even liquidate, it's not going to lower the prices in the market. in fact, it may, you know, create some much-needed supply. but he is such an important benefactor for museums and such an important buyer that could be a big deal for a lot of people. >> sure. ripple effects. thanks so much, robert
he tried to sell a painting last week at the christy's auction, but it was one of the few pieces that failed to sell. it didn't meet the estimate of more than $8 million. one reason cohen has so much art, he has a lot of wall space. his stone mansion in connecticut is over 35,000 square feet. the estate has its own putting greens, a hockey rink, and zamboni house. he's also quite fall an tlopphi. whatever happens, cohen is still a very popular figure among art dealers, charities, and museums....
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Nov 5, 2012
11/12
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now governor christie is allowing changes to voting system, including absentee voting by e-mail and fax. >> maria, it's a basic american right and yet officials are scrambling to provide it to thousands of residents of new york and new jersey isolated by superstorm sandy. the garden state, though, one of the hardest hit by the storm, some 780,000 customers without power, thousands still in shelters as elections day approaches. now, in addition to proving and consolidating polling station s across the state, officials have provided a few alternative. pushing people to vote early, especially over the weekend. early closes today at 4:30 p.m. helping displaced residents by helping them mail in ballots or voting via e-mail or fax, thanks to a new order by governor chris christie that disqualifies displaced residents as overseas voters. even so, voters face many difficulties this election season. first, voting by e-mail or fax not possible for the 20% of the state still without power and cell phone service. additionally, more gas, a scarce commodity right now, is required to get to polling st
now governor christie is allowing changes to voting system, including absentee voting by e-mail and fax. >> maria, it's a basic american right and yet officials are scrambling to provide it to thousands of residents of new york and new jersey isolated by superstorm sandy. the garden state, though, one of the hardest hit by the storm, some 780,000 customers without power, thousands still in shelters as elections day approaches. now, in addition to proving and consolidating polling station...
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Nov 6, 2012
11/12
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now governor christie and governor cuomo want the government to pick up the tab for everything. then you've got these long gas lines. could the gas lines have been avoided? there's a debate. some people say, well, the storm helped president obama, gave him a platform to come out and show leadership. on the other hand, these long gas lines have become a real problem for folks. >> you know, maria, i think the storm did it help president obama. in those first couple of days, he looked like the president. he looked like a leader. but then he did it again. he went back on the campaign trail. if he had said, you know, i've seen what americans can do when we stand together as we're doing in new jersey and when all levels of government come together without regard to party, i think he could have continued that momentum. the first day on the trail, his first speech, he's back to being the small, partisan, personal attacking candidate as opposed to a statesman. i think that hurt the president. over the last four or five days, i think those gas lines, the failure to provide basic support t
now governor christie and governor cuomo want the government to pick up the tab for everything. then you've got these long gas lines. could the gas lines have been avoided? there's a debate. some people say, well, the storm helped president obama, gave him a platform to come out and show leadership. on the other hand, these long gas lines have become a real problem for folks. >> you know, maria, i think the storm did it help president obama. in those first couple of days, he looked like...
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Oct 30, 2012
10/12
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new jersey governor chris christie making a trip to the jersey shore today. definitely some strong comments from him. i know you'll get more of that in a second. i want to talk about the casino industry. expected to be hard hit from the damage from the storm. we've done a little lap around some of the casinos. we're seeing the lights on and seeing people inside. caesers has power and should open on thursday. baleys, the casino floor looks completely unscathed. that should resume operation as normal. a few windows blown out, but we're told they are housing essential personnel and have been throughout the storm. so possibly not as badly destructive to the industry here on the boardwalk in atlantic city as once thought. also, we should dispel a few rumors about the boardwalk that ripped off yesterday. the footage was scene around the world. that piece of boardwalk was actually way far at the end of where i'm standing, a long forten and underdeveloped part of the boardwalk. no doubt devastating to see that rip off. as far as the core business here in new jersey,
new jersey governor chris christie making a trip to the jersey shore today. definitely some strong comments from him. i know you'll get more of that in a second. i want to talk about the casino industry. expected to be hard hit from the damage from the storm. we've done a little lap around some of the casinos. we're seeing the lights on and seeing people inside. caesers has power and should open on thursday. baleys, the casino floor looks completely unscathed. that should resume operation as...
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Oct 31, 2012
10/12
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president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better than 3% on the month with the other major indices not faring much better. mandy drury is here with the october losers and a couple winners as well. >> absolutely. here are some great stats dug up by our cnbc crack data team. all three indices are breaking their four-month winning streak, as for the nasdaq 100, quite a lot of ugliness there on track for its worst october since 2008. it was october 2008 when it fell 16%. as for tech and telecom two of the worst performing sector this is month down more than 4%. apple for one is down over 10% for this month, and that is its largest monthly percentage d
president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better...
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Nov 1, 2012
11/12
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i think the president has let the mistakes of the past, and chris christie has put politics aside at the moment and is on there on on the ground reassuring people to help them to rebuild. >> so you're saying if there is a mastiff misstep, it has a negative impact. but if everything goes okay, the incumbent president doesn't get an up side from that? >> this is a much broader area covered by the storm, but nothing on the scale of katrina. you have the mayor, the president, all at loggerheads about who should take control of the situation and it was chaos. this isn't the case with hurricane sandy. >> we dou know what we're going to get from obama, but what will we get from mitt romney if he's elected? i know a number of republicans throughout the united states who have been more extreme in their anti-obama views than they have about any other democratic leader since i've known them and there is a relate fear that america is being socialized by obama and that he's a real danger and threat to the system and the american constitution. all of that is fine since i'm not going to have to vot
i think the president has let the mistakes of the past, and chris christie has put politics aside at the moment and is on there on on the ground reassuring people to help them to rebuild. >> so you're saying if there is a mastiff misstep, it has a negative impact. but if everything goes okay, the incumbent president doesn't get an up side from that? >> this is a much broader area covered by the storm, but nothing on the scale of katrina. you have the mayor, the president, all at...
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Oct 29, 2012
10/12
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awaiting update from chris christie and new york city mayor bloomberg when they start speaking we will take you there live. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-80345-2550 at schwab, we'mittreom to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-80
awaiting update from chris christie and new york city mayor bloomberg when they start speaking we will take you there live. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-80345-2550 at schwab, we'mittreom to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#:...
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Oct 30, 2012
10/12
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president obama will tour new jersey tomorrow with governor chris christie. earlier today the president said the government will do everything it can do get resources to local governments. and new images are emerging from the destruction. check out this shot of a parking lot full of cabs in hoboken, new jersey, it is literally under water. and this photo taken from union beach, new jersey. pretty harrowing stuff. and finally, some good news for air travel. new york's jfk airport is set to open tomorrow in both washington and philadelphia airports are back operating today after more than 18,000 flights were canceled as a result of superstorm sandy. melissa? >> courtney, thanks for that rundown. our very own scott cone has been braving the storm from manhattan's battery park. he joins us with the latest on how lower manhattan including the financial district has faired in sandy's wake. scott? >> reporter: melissa, if you consider the fact that the stock exchanges are going to re-open as well as the kmcommodity exchange, the new york merc in the financial distri
president obama will tour new jersey tomorrow with governor chris christie. earlier today the president said the government will do everything it can do get resources to local governments. and new images are emerging from the destruction. check out this shot of a parking lot full of cabs in hoboken, new jersey, it is literally under water. and this photo taken from union beach, new jersey. pretty harrowing stuff. and finally, some good news for air travel. new york's jfk airport is set to open...
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Oct 31, 2012
10/12
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governor chris christie, who toured his battered state by air, described what happened as unthinkable. >> the devastation that's happened to new jersey is beyond what's happened to anyone else, at least in the reports i've seen so far. it comes as no shock since the storm made landfall here. >> it hit just south of atlantic city, the gambling and tourist destination, leaving residents who defied the mandatory evacuation order stranded. dozens had to be rescued from shelters of last resort where the power failed. in northern new jersey, more search and rescue. after a tidal surge pushed a river over its banks. residents said the water rose five feet in a matter of minutes. >> it was like a lake in our basement. and it filled up all wayp to our stairs. >> there was no phone lines. electricity was out and all our phones were out. we couldn't call absolutely nobody. >> reporter: across the state, 2.4 million customers, 60% of the population, have no power. the worst of it was probably right along the coast, in towns like point pleasant beach, where this morning some who chose to ride out
governor chris christie, who toured his battered state by air, described what happened as unthinkable. >> the devastation that's happened to new jersey is beyond what's happened to anyone else, at least in the reports i've seen so far. it comes as no shock since the storm made landfall here. >> it hit just south of atlantic city, the gambling and tourist destination, leaving residents who defied the mandatory evacuation order stranded. dozens had to be rescued from shelters of last...
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Nov 1, 2012
11/12
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governor chris christie of new jersey signing a waiver to allow this, it should provide a little relief, but until the power ice back on, we're likely to see these long lines continue. the price of gasoline that we are seeing at this rest stop is just about 3.55 for a gallon of unleaded. about a nickel above the national average, so no evidence of price gaunlging. >> thanks so much. out on the new jersey turnpike. following the gasoline story. so, how bad is the situation likely to get and is any relief in sight? the executive director of the new jersey gas and automotive association is live. thanks for being here. >> good to be with you. >> you know, these lines are difficult to see. when you drive anywhere around northern new jersey, in many places where what we call the tristate area, lines are awfully long. when is that getting better? >> i can't predict exactly when you'll see relief, although i expect the situation should be eased by the weekend and into early next week and you have a multitude of problems. which you were just covering on your broadcast. and it's a puzzle that has
governor chris christie of new jersey signing a waiver to allow this, it should provide a little relief, but until the power ice back on, we're likely to see these long lines continue. the price of gasoline that we are seeing at this rest stop is just about 3.55 for a gallon of unleaded. about a nickel above the national average, so no evidence of price gaunlging. >> thanks so much. out on the new jersey turnpike. following the gasoline story. so, how bad is the situation likely to get...
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Nov 2, 2012
11/12
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governor chris christie allowed gambling to start up again as early as 10:00 a.m. eastern today despite some of the devastation there. but looks like some folks will be getting back to work. most importantly. then other folks obviously will have an opportunity perhaps for some leisure in the face of all this. >>> czr the most impacted. >> this is the first bit of good news they've had in a while. just a couple days ago they announced they weren't going to be expanding into macao. they got a downgrade yesterday, i believe. this is good news for both caesars and for those employees who need the job, as well as people who would like to get out and get away from some of the negativity. >> you could seat intraday move. i think we saw pretty good spike on the news. yeah. high for the day for caesars, it is a $6 stock but a little bit of a move up around 1%. >>> the last thing the northeast needs is another storm but that's just what it may get as soon as next week. the weather channel is following the new storm's path and intensity. tom, say it ain't so. >> well, it is g
governor chris christie allowed gambling to start up again as early as 10:00 a.m. eastern today despite some of the devastation there. but looks like some folks will be getting back to work. most importantly. then other folks obviously will have an opportunity perhaps for some leisure in the face of all this. >>> czr the most impacted. >> this is the first bit of good news they've had in a while. just a couple days ago they announced they weren't going to be expanding into macao....
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Nov 5, 2012
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then governor chris christie took a balanced attach. governor cuomo said, the government is here to help you. the government can't fix all of these things as any common sense person knows in a business that's supply and demand driven. >> thanks for joining us. great to have you on especially at times like this with your great knowledge base. good to see you. joe, do you have a quick trade? >> yeah. the refiners continue to work. we have a diesel problem in this country. inventories at 45-year lows. we have talked about it all year. of course the refiners will continue to do well. it goes to a broader conversation that the entire country needs to have. seems like all the problems we feared are coming forth at one time. a lot of money will have to be spend whether it's on the growth of shale, on refineries, whether it's on building out grids. the question is where is the money coming from? >> thank you very much. coming up, the euro falling to two-month lows against the dollar as greece gets ready to vote on the latest austerity package.
then governor chris christie took a balanced attach. governor cuomo said, the government is here to help you. the government can't fix all of these things as any common sense person knows in a business that's supply and demand driven. >> thanks for joining us. great to have you on especially at times like this with your great knowledge base. good to see you. joe, do you have a quick trade? >> yeah. the refiners continue to work. we have a diesel problem in this country. inventories...
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Oct 29, 2012
10/12
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let's listen to new jersey governor chris christie who is at a briefing. >> the president responded very quickly and the staff at fema, craig fugate and his staff, are outstanding folks. they helped us with our pre-landfall application to make sure we didn't have to go through -- oftentimes you go through a few drafts back and forth to make sure it has all the information you want. they helped us up front to make sure when we sent it in it was perfect the first time from their perspective. the president assured me yesterday on the telephone we'd get his immediate personal attention. obviously it did. he signed it late last night. so it's going to allow us to have access to federal funding and federal assets we otherwise would not have without the preland fall declaration until after it was over when we asked for some declaration of emergency afterwards. we appreciate the president's efforts in that regard. he and his staff worked tremendously hard. >> has the storm gotten more intense than -- what does that mean for the area of the impact or the size? >> it's gone back and forth, michael
let's listen to new jersey governor chris christie who is at a briefing. >> the president responded very quickly and the staff at fema, craig fugate and his staff, are outstanding folks. they helped us with our pre-landfall application to make sure we didn't have to go through -- oftentimes you go through a few drafts back and forth to make sure it has all the information you want. they helped us up front to make sure when we sent it in it was perfect the first time from their...
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Oct 31, 2012
10/12
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president obama and new jersey governor chris christie are set to survey the damage in atlantic city. kayla tausche is there, she was there when the storm came in. she remains today. kayla? >> reporter: that storm summit is set to take place very shortly right here in atlantic city. president obama was just about an hour ago at the headquarters for fema in washington, d.c. before making his way up here to atlantic city. of course this meeting is very important, because governor chris christie has said over and over again that fema will play a huge part in the recovery following the wreckage here in new jersey after landfall on monday. you can see the shrapnel from the northernmost end of that iconic boardwalk. many houses also damaged. even some of the residents that have chosen to stay are starting to get power back and starting to assess the damage and start the rebuilding effort. many residents were using the power to get pumps and start pumping water out of their flooded homes. meanwhile, parks of the boardwalk remained. bull dozers and national guard we are coming in to assess th
president obama and new jersey governor chris christie are set to survey the damage in atlantic city. kayla tausche is there, she was there when the storm came in. she remains today. kayla? >> reporter: that storm summit is set to take place very shortly right here in atlantic city. president obama was just about an hour ago at the headquarters for fema in washington, d.c. before making his way up here to atlantic city. of course this meeting is very important, because governor chris...
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Nov 5, 2012
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and ann coulter tells us whether chris christie re-elected barack obama. "the kudlow report" just moments away. >> some incredible after the close action today. eog, my favorite growth oil company, shot the lights out. that stock is climbing and
and ann coulter tells us whether chris christie re-elected barack obama. "the kudlow report" just moments away. >> some incredible after the close action today. eog, my favorite growth oil company, shot the lights out. that stock is climbing and
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Nov 8, 2012
11/12
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. >> do you deal with fema or governor christie, mayor bloomberg? how does it work? >> most of the time we have contracts set up through various corporations. most of your waterside facilities have to have standby emergency agreements. so when the events like this happen, most of the time we will have a contract in place. periodically we get contracted directly by a state agency to do the cleanup work or from emergen engineering consulting firms. >> how do you have 700 people ready to go? >> we have a standby response group, an emergency center we man. we draw from all the locations. we have 9,000 people in our organization. so we'll draw from those 400 or so sites. but we'll also work with another of other subcontractors that we have relationships with and do routine training with us and a lot of response training. so, like, in the gulf where it was 3500 people at one time, we bring those folks in from our partners and really try to provide that necessary pool of labor when the big events happen. >> i don't want to say you guys are a monopoly, but is there anybody e
. >> do you deal with fema or governor christie, mayor bloomberg? how does it work? >> most of the time we have contracts set up through various corporations. most of your waterside facilities have to have standby emergency agreements. so when the events like this happen, most of the time we will have a contract in place. periodically we get contracted directly by a state agency to do the cleanup work or from emergen engineering consulting firms. >> how do you have 700 people...
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Nov 1, 2012
11/12
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cooperation we saw today between democratic president barack obama and new jersey republican governor chris christie could produce what could be the biggest public works project in a generation, to meet and entrust that national emergency. remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and new york coast. these jobs will be created. this destruction, estimated between $30 billion and $50 billion. i think it's going to exceed that. maybe at least get to the high end. will finally move the employment need until this country. -- in this country. just as did did in the wake of hurricane andrew. now, when we look at industries that have been hardest hit since the great recession, the one that stands out the most is the construction business. construction business is about half of what it was six years ago. the culprit, banks that are afraid to lend, excess of homes, no need for new buildings and roa
cooperation we saw today between democratic president barack obama and new jersey republican governor chris christie could produce what could be the biggest public works project in a generation, to meet and entrust that national emergency. remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and...
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Oct 31, 2012
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>>> and six days before the election, governor chris christie and president barack obama make common cause in new jersey. so, can't the country do the same? >>> and has the big storm tightened the big race? sandy, the road to recovery, a specia
>>> and six days before the election, governor chris christie and president barack obama make common cause in new jersey. so, can't the country do the same? >>> and has the big storm tightened the big race? sandy, the road to recovery, a specia
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Nov 1, 2012
11/12
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out of state, something that's been made easier, given a waiver signed by new jersey governor chris christie. additionally, the epa is waving clean gas requirements along the east coast through november 20th so assure adequate supply after sandy. but again, the real problem right now is the lack of power. tyler, back to you. >> i'll toss it down to simon. >> tyler, let's take it back up a step. as you said, the hold-ups are also coming through in the storage facilities, the storage facilities are as important as, of course, we just heard from the pump face there. kate kelly is at a terminal in new jersey for more on that. kate? >> reporter: simon, things are very grim here in new jersey, standing next to an administrative building that was battered in the storm. in the coming days, workers wearing steel-tipped boots will be walking through things like raw sewage, stimber and reeds i order to retrieve company documents. glass is shattered, the refrigerator is floating and they've even seen raccoon tracks inside. this isn't even where they store the all-important fuel. terminals like this one,
out of state, something that's been made easier, given a waiver signed by new jersey governor chris christie. additionally, the epa is waving clean gas requirements along the east coast through november 20th so assure adequate supply after sandy. but again, the real problem right now is the lack of power. tyler, back to you. >> i'll toss it down to simon. >> tyler, let's take it back up a step. as you said, the hold-ups are also coming through in the storage facilities, the storage...
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Nov 13, 2012
11/12
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it is expected to go for more than $35 million at christie's blockbuster auction tonight. it's set up to be a record-breaking event with works by rothko and liechtenstein and also coming under the hammer tonight, we have an exclusive sneak peek for you coming up next on power lunch. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> mary thompson with a market flash here, details about omega advisers, lee i don't cooperman. street insider reporting a 13 f filing that has been shows these are the stakes he has initiated new stakes in as of september 30th. you can see some, at mel, c trip, family dollar, fortress, some others here, tivo, spdr, polycom. wall green's. >>>
it is expected to go for more than $35 million at christie's blockbuster auction tonight. it's set up to be a record-breaking event with works by rothko and liechtenstein and also coming under the hammer tonight, we have an exclusive sneak peek for you coming up next on power lunch. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades...
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Nov 15, 2012
11/12
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. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. thank you, mr. speaker, uh, members of congress. enjoy free shipping and great values in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come
. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. thank you, mr. speaker, uh, members of congress. enjoy free shipping and great values in celebration of...
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Nov 2, 2012
11/12
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governor christie seems deeply in command the way the federal government has stepped in to help. this is the third hurricane i've covered in my lifetime, andrew, katrina and now this. we are at the point where the population gets furious and they turn on the government. the government can just not handle the huge, huge logistical requirements that happen after a storm like this. could this actually turn on the president at some point here? >> reporter: i don't think so. i think what the president has had the opportunity to do is show americans that he was involved in an effort that the country was rallying behind and do his job in a way that got praise by the keynote speaker at the republican convention, chris christie, very tough critic of the president otherwise. so i don't think many voters are going to blame president obama for what's going on right now, and leave aside the fact that the states in which the difficulties are occurring db new york, new jersey, connecticut are all reliantly democratic states. what is much more important to the outcome of this election, michelle,
governor christie seems deeply in command the way the federal government has stepped in to help. this is the third hurricane i've covered in my lifetime, andrew, katrina and now this. we are at the point where the population gets furious and they turn on the government. the government can just not handle the huge, huge logistical requirements that happen after a storm like this. could this actually turn on the president at some point here? >> reporter: i don't think so. i think what the...
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Nov 5, 2012
11/12
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christie eager to take the job if it had been offered to him? and what are and what has happened between those two camps after this -- these events. >> the story broke right around the republican convention that chris christie had in fact taken himself out of the running, that he didn't want to do that. a lot of these stories are gamesmanship. you've got campaigns trying to save face, particular operatives trying to save face and of course the candidates themselves looking to their futures. chris christie in new jersey, if he wants to be re-elected in 2013 which i think he does, he's in an overwhelmingly democratic state. might not have been good for him to be on a losing ticket if he thought that's where it was going. at the same time we saw just this past week or a week ago during hurricane sandy, chris christie embracing president obama, another sign that he knows he needs to reach out to democrats to win re-election. of course, if he wants to be on the ballot in 2016, it's more helpful for him to have a good relationship with barack obama th
christie eager to take the job if it had been offered to him? and what are and what has happened between those two camps after this -- these events. >> the story broke right around the republican convention that chris christie had in fact taken himself out of the running, that he didn't want to do that. a lot of these stories are gamesmanship. you've got campaigns trying to save face, particular operatives trying to save face and of course the candidates themselves looking to their...
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Oct 29, 2012
10/12
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governor chris christie, you heard him a little bit earlier. he said in some parts of atlantic city flooding is up to five feet. and also we heard from public safety director william glass who said the entire city of atlantic city is under water. the damage already worse than 1962 on the flooding side there. take a look at this picture from nbc 10's ted greenberg. parts of atlantic city boardwalk broken and floating down the street. that's from earlier this morning. we talked to all the casino operators from there on the boardwalk but still have no comment from them and their operations and how they will continue following this storm. long beach island is a popular vacation spot for wall street. nearly completely flooded right now. the ocean and the bay close to meeting in long beach island. let's also think about when this high tide is expected to hit later today. you can see the wind is picking up and the rain is picking up. we expect this to take place throughout the afternoon, guys. we will have more from cape may as we have it but you can
governor chris christie, you heard him a little bit earlier. he said in some parts of atlantic city flooding is up to five feet. and also we heard from public safety director william glass who said the entire city of atlantic city is under water. the damage already worse than 1962 on the flooding side there. take a look at this picture from nbc 10's ted greenberg. parts of atlantic city boardwalk broken and floating down the street. that's from earlier this morning. we talked to all the casino...
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Oct 30, 2012
10/12
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governor chris christie calling you the damage unthinkable. the streets remain flooded. debris liters the beach. it could take months to clean it all up. >> look at the sand. >> i know. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast
governor chris christie calling you the damage unthinkable. the streets remain flooded. debris liters the beach. it could take months to clean it all up. >> look at the sand. >> i know. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and......
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Oct 31, 2012
10/12
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so the president and governor christie will do that. then we are told the plane from marine one and take a tour either by foot or car of some of the neighborhoods and towns that have been affected by this super storm. we'll be watching those images and bring them to you throughout this hour. >>> if you'd like to see why we're having problems getting air traffic moving again -- except there -- but he comes first -- look at this video. it just fed in a short while ago -- oh, my goodness! look at that! that is laguardia airport today! two days after the storm went through. runways covered with water. if you've ever flown in to or out of laguardia airport, as many of you certainly have, you know that you come right over those bays and that open water there as you fly in over citi field and the national tennis center there. look at that. scott, can you believe that? that's amazing! that water messing up air traffic now all up and down the east coast. laguardia, the hardest hit of the three airports in the new york metro area. we'll be right
so the president and governor christie will do that. then we are told the plane from marine one and take a tour either by foot or car of some of the neighborhoods and towns that have been affected by this super storm. we'll be watching those images and bring them to you throughout this hour. >>> if you'd like to see why we're having problems getting air traffic moving again -- except there -- but he comes first -- look at this video. it just fed in a short while ago -- oh, my goodness!...
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Aug 16, 2012
08/12
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. >> chris christie passed something with teachers -- >> isn't important to note we're in a very different situation than we were in 1980. >> sure. >> everyone wants to cut taxes look it was miraculous back then, the rates were vastly higher. >> we weren't at 18% interest rates. >> exactly. >> you have nothing you can do monetarily, we're at zero. >> explain that to joe we're in a different environment and requires a different solution. >> i understand what happened back in the 1980s. >> he doesn't want to accept it. >> i will never accept it. >> i think you might have a democratic house this time, we'll see and i'm not particularly a democrat, i just don't like what's happening. >> that's what bremer predicted in 2010 for the house race. >> that was 2010. we now have occupy which call save wall street, we have unions coming back. >> occupy wall street on any given sunday there's more people in one football stadium than every demonstration occupy wall street had. >> it's not about where they are. >> they were the same anti-globalization people, the guy on the cover of "the post" with the b
. >> chris christie passed something with teachers -- >> isn't important to note we're in a very different situation than we were in 1980. >> sure. >> everyone wants to cut taxes look it was miraculous back then, the rates were vastly higher. >> we weren't at 18% interest rates. >> exactly. >> you have nothing you can do monetarily, we're at zero. >> explain that to joe we're in a different environment and requires a different solution. >> i...
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Aug 7, 2012
08/12
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do you know in new jersey the governor christie, unbelievable governor, signed a bill that he says is only behind his reform of the pension and benefit costs that he did and this was linking future job performance with student test scores and the reason that it was such a big deal for him to get it through and signed is because people said there's no way that you can get this done. this is what it does. the law doesn't go as far as some tenure bills passed in other states in the past year but marks a significant shift in this really blue state in new jersey which is a democratic state a blue state. one of the oldest teacher job security laws all it a allows parents and others to do is evaluate teachers annually, their performance to see how the students do on their test scores and make it easier to fire poorly performing educators. and why was it so impossible to get this through? because organized labor was so strong in these states and the money that they raise from the, from -- >> we could have an interesting, you know my views on teachers unions. >> you know who introduced the bil
do you know in new jersey the governor christie, unbelievable governor, signed a bill that he says is only behind his reform of the pension and benefit costs that he did and this was linking future job performance with student test scores and the reason that it was such a big deal for him to get it through and signed is because people said there's no way that you can get this done. this is what it does. the law doesn't go as far as some tenure bills passed in other states in the past year but...
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Dec 12, 2012
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. >> will it be christie or bush? i would like to see christie but i love bush. would you like to see a bush-christie rematch? >> in the end, a wellesley woman in the white house i think would be very good for the country. >> it's very strange for me you cast aside all your ideology just because of going to the same school. >> yeah. >> coming up at the top of the hour, tech guru, venture cap laltist, marc andreesen will tell us why the year will be remembered. >> and del founder and ceo michael dell and jamie dimon. stick around. >>> up next on "squawk box," don't start your day without knowing the names that will make you money. joe has your list of stocks to watch right after the break. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is
. >> will it be christie or bush? i would like to see christie but i love bush. would you like to see a bush-christie rematch? >> in the end, a wellesley woman in the white house i think would be very good for the country. >> it's very strange for me you cast aside all your ideology just because of going to the same school. >> yeah. >> coming up at the top of the hour, tech guru, venture cap laltist, marc andreesen will tell us why the year will be remembered....
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1.6K
Feb 22, 2012
02/12
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governor christie had kind words about warren buffett this morning enchts we saw that, basically shuts up and go away. >> don't you love that? >> he says that to a lot of people. >> if you want to write the -- >> he should wear a sign around her chest. >> shut up and -- >> i try to get mice kids to say shh or quiet time? >> i'm looking forward to hearing what he has to say. >>> guys, we'll see you in just a few minutes, coming up at the top of the hour. >>> in the meantime we'll get final those from our guest host meredith whitney. squawk is coming right back. >>> "squawk box" is keeping the action packed with the biggest names in business. tomorrow steven roach and dallas fed president richard fisher, all at 6:00 eastern. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. all in one account. keep watch on th
governor christie had kind words about warren buffett this morning enchts we saw that, basically shuts up and go away. >> don't you love that? >> he says that to a lot of people. >> if you want to write the -- >> he should wear a sign around her chest. >> shut up and -- >> i try to get mice kids to say shh or quiet time? >> i'm looking forward to hearing what he has to say. >>> guys, we'll see you in just a few minutes, coming up at the top of...
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Nov 1, 2012
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president obama surveyed the damage with chris christie yesterday. this morning kayla tausche is in toms river, seaside heights. what's it look like there? >> reporter: it's very dark here. we're at the mouth of the bridge which leads over to sea sooid heights, a road only accessible by emergency vehicles and that will be that way for the foreseeable future. but here's the state of sandy recovery in new jersey. the death toll has climbed to 14 in the garden state. nearly 2 million residents are still without power. and over 4,000 people remain in shelters here in new jersey. there's actually a big shelter here nearby in toms river. one of the onlien wog in the state that actually allows pets, so you can imagine how crowded that one is. but here recovery will be a long process. for residents who live here full-time or formerly lived here full-time, you can imagine that the first call is to fema. 2,000 representatives on the ground. and they expect fema will be able to give them more immediate help versus the longer claims process from insurance compan
president obama surveyed the damage with chris christie yesterday. this morning kayla tausche is in toms river, seaside heights. what's it look like there? >> reporter: it's very dark here. we're at the mouth of the bridge which leads over to sea sooid heights, a road only accessible by emergency vehicles and that will be that way for the foreseeable future. but here's the state of sandy recovery in new jersey. the death toll has climbed to 14 in the garden state. nearly 2 million...
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Nov 16, 2012
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it would be much more funny if it was christie. >> i think christie is against rationing twinkies. >> how would mayor bloomberg handle this in. >> i think you know perfectly well. >> they're already banned in new york. if you get caught with those, same as gun laws. >> i'm going to be taking some across the bridge after the show. >>> much more from our guest hosts coming up. >>> pocket sized news making a splash in the app world, meat the disruptor and ceo of summly. the reason we're playing a little yoko, we'll explain what that means next. >>> at the top of the hour, keeping america competitive, harvard business professor michael porter will be here. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying.
it would be much more funny if it was christie. >> i think christie is against rationing twinkies. >> how would mayor bloomberg handle this in. >> i think you know perfectly well. >> they're already banned in new york. if you get caught with those, same as gun laws. >> i'm going to be taking some across the bridge after the show. >>> much more from our guest hosts coming up. >>> pocket sized news making a splash in the app world, meat the...
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Nov 2, 2012
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new jersey governor chris christie lifted a ban on out of state fuel purchases yesterday, that should remove one piece of red tape at least and importantly a large section of line number three of the colonial pipeline which brings jet and auto fuel to the city was restarted around 9:00 p.m. last night, that's a crucial piece because that was causing another chokehold on supplies. still these troubles are likely to persist until a greater percentage of the area's terminals, refineries and pipelines are back in full operation, you guys. yesterday as a 5 million barrel terminal operator in linden told me he was not able to get his marine terminal back in order for another four to six weeks. at the same time he's laboring today with the help of a backup generator to get at least one if not two truck racks open for use by noon, the trucks can resupply their tanks and bring them to gas stations so joe maybe it will come to your neck of the woods within the next week, we hope. >> we got the double whammy because most gas stations don't have power. they have gas. >> that makes you think if th
new jersey governor chris christie lifted a ban on out of state fuel purchases yesterday, that should remove one piece of red tape at least and importantly a large section of line number three of the colonial pipeline which brings jet and auto fuel to the city was restarted around 9:00 p.m. last night, that's a crucial piece because that was causing another chokehold on supplies. still these troubles are likely to persist until a greater percentage of the area's terminals, refineries and...
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Nov 21, 2012
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if you have these guys in new york, mayor bloomberg, mayor booker, the mayor, the governors, cuomo, christie, malloy, if they went on holiday while we had sandy, what would you do? we have an economic crisis. they're going to take a short break in december. yeah, we have to have a patch, but we have to have a fix. and a structural fix is so fundamental so that if you're running a business and you have clarity and visibility for the next five years, you can live with whatever you have. corporate taxes are coming down according to the current administration. you drop them from 35% to 28% or 25% if it's u.s. manufacturing. that is very helpful for profits of certain companies. >> but you close the loopholes, meaning those who aren't -- >> you have to. come on, lobbyists have put in too many loopholes at the corporate level, they snuck them in, carried interest, carried interest is a disgrace. three years, it's not even patched. notwithstanding if you're a hedge fund, a private equity, i mean, you going to harvest your investments. someone else was selling a piece of charter communications. why?
if you have these guys in new york, mayor bloomberg, mayor booker, the mayor, the governors, cuomo, christie, malloy, if they went on holiday while we had sandy, what would you do? we have an economic crisis. they're going to take a short break in december. yeah, we have to have a patch, but we have to have a fix. and a structural fix is so fundamental so that if you're running a business and you have clarity and visibility for the next five years, you can live with whatever you have. corporate...
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Nov 26, 2012
11/12
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jeffrey cleveland on consumer spending, the european christis and america's fiscal cliff. tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-800-433-9947. >>> welcome back to "squawk box" been among the stories we're following, morgan stanley is upgrading equities to attractive from neutral. autos and farm suitals raised to overweight, telecom and utilities downgraded and morgan stanley prefers europe to the united states and is increasing its exposure overseas b
jeffrey cleveland on consumer spending, the european christis and america's fiscal cliff. tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on...
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Nov 27, 2012
11/12
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and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors about two key acquisitions that have caused billions of dollars in losses. the lawsuit alleges that hp management concealed the problems and another recent acquisition which we've talked about, electronic data, in an attempt to boost hp stock price. meantime in the "wall street journal," former employees, business partners and attorney attorneys say it's not difficult to conclude that the company autonomy's accounting was overly aggressive, they say such behavior tip filed autonomy long before hp bought it. and mike lynch says the company's culture was aggressive. >> th
and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors...
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Nov 29, 2012
11/12
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did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant flooding. that's not typically konked by us but by the government if you buy their policy. unfortunately very few people buy coverage. so unfort flatly there's a bunch of people whose homes got wrecked and that's what cuomo and christie are seeking. our government has a hit of going back to the state and saying, sorry you didn't buy insurance, here's some money and they'll do it again. they're trying to negotiate as to how much they get. >> allstate's ceo tom wilson. we appreciate your time. >> thank you. >>> when we return, we'll have gene ludwig. he will be our special guest. also at the bottom of the hour, we'll talk oil, gold, and more with the "squawk" trading block. find out where traders are putting their money right now. "squawk" is back right after this. >>>
did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant flooding. that's not typically konked by us but by the government if you buy their policy. unfortunately very few people buy coverage. so unfort flatly there's a bunch of people whose homes got wrecked and that's what...
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Nov 5, 2012
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as chris christie did. he was totally right in getting funds for his state at the same time he came out and supported mitt romney from the beginning to the end. >> here's a political question. should chris christie have obama come to new jersey? mayor bloomberg decided not to. >> because he had traffic mess and everything else. he could do it easier down there. i think they both handled it just right. i really do. now, what i would like to talk about though is why i'm so pro-governor romney and why i'm so partisan in this particular election. i haven't been that way since carter and reagan to this extent. the reason why is there are four fundamental things in this country that we're facing. one as i mentioned the fiscal cliff. one is the regulatory wall. and then we have more indirectly. the middle east from syria to egypt. we don't know who our friends are and what the game is and europe. europe isn't fixed yet. europe is kicking the can down. they can't fix it without a devaluation of some kind. they can
as chris christie did. he was totally right in getting funds for his state at the same time he came out and supported mitt romney from the beginning to the end. >> here's a political question. should chris christie have obama come to new jersey? mayor bloomberg decided not to. >> because he had traffic mess and everything else. he could do it easier down there. i think they both handled it just right. i really do. now, what i would like to talk about though is why i'm so...
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Nov 7, 2012
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. >> how smart was christie? i think christie is pretty smart, too. >> how so? >> yeah, he maneuvered. >> how so? he's in a stays where new jersey is going to vote for the president by 19 points. we just had a hurricane. >> he was always in a state -- >> i know that. he did not push himself away from the president most recently. >> he's the keynote at the republican convention. >> what christie did, though with the hurricane was really good for the state. >> it was good for the state. >> it's good for the state. >> it was also good for him in a couple years and it was also not a great idea to push -- >> you think it would have sh e changed the outcome? >> it might have. >> you might be right. >> the pick of ryan, it solidified romney's right wing -- >> i like paul ryan a lot, but i think the second they picked paul ryan, it pushed them to the right. >> chris christie showed at the republican convention that he's not a great number two. he doesn't carry out orders, which is what a vice presidential candidate has to do. >> what if the "post" story was right, that
. >> how smart was christie? i think christie is pretty smart, too. >> how so? >> yeah, he maneuvered. >> how so? he's in a stays where new jersey is going to vote for the president by 19 points. we just had a hurricane. >> he was always in a state -- >> i know that. he did not push himself away from the president most recently. >> he's the keynote at the republican convention. >> what christie did, though with the hurricane was really good for...
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Nov 8, 2012
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i threw chris christie's hat in the ring yesterday so everything -- it's time to -- everything's getting quicker. i'm thinking about four years. where is jeb bush? >> okay. >> am i too early? in fact i feel too late today but i already did it yesterday, i had already started -- >> it's all good. it's all good. >>> some help may be on the way for gasoline-strapped motorists in the northeast. the government temporarily waived a rule preventing foreign ships carrying oil products between two u.s. destinations. four companies told the u.s. they will take advantage of the waiver and carry fuel from its gulf of mexico to the northeast so hopefully that will help the cause. >>> the weather channel's first named storm athena bringing snow and rain to the eastern seaboard. mark, the good news is we can hope for better weather towards the weekend? >> absolutely. by the weekend hopefully this will be a distant memory, sunshine, temperatures in the 60s but right now, this is just not fair. we're looking ac ross the northeast corridor, widespread temperatures in the low to mid-30s which is cold enoug
i threw chris christie's hat in the ring yesterday so everything -- it's time to -- everything's getting quicker. i'm thinking about four years. where is jeb bush? >> okay. >> am i too early? in fact i feel too late today but i already did it yesterday, i had already started -- >> it's all good. it's all good. >>> some help may be on the way for gasoline-strapped motorists in the northeast. the government temporarily waived a rule preventing foreign ships carrying oil...